The first compact store opened in Limoges at 3,000 m² and a second will open in Le Mans; the format offers more than a quarter of the IKEA range for immediate pick-up and will be located mainly in retail parks.

The official manufacturing purchasing managers index stood at 50.0 in May, down 0.3 points from April, while the composite PMI output index rose to 50.5.

State Farm, Allstate, Liberty Mutual, USAA and Farmers increase zero-payout claims from 36% a decade earlier.

Price for wood chips imported to Japan rose 4%.

Work at the dissolving wood pulp mill will replace pressure parts in the MgO1 recovery boiler that uses magnesium closed-loop recovery technology.

Price for logs imported to Japan lost 11%.

Price for wood furniture imported to Japan upped 2%.

The Normandy site will separate acceptable material, coarse material, and foreign material to reduce stones, seeds, and minerals that have raised saw wear and caused coating stains.

Survey and industry data show firms improve efficiency, but sector productivity diverges from sawmills as technical change remains weak and variable.

Price for particleboard exported from Turkey increased slightly 0.5%.

15-year fixed rate climbs to 5.87% as pending home sales show three months of consecutive increases.

New Zealand log export volumes rise seasonally after strong March harvesting conditions.

The Swedish site adds a new tissue paper machine and three converting lines for rolled and folded products, and the company reports lower water use and higher energy efficiency.

Price for plywood imported to Japan dipped 3%.

Price for wood pellets exported from Vietnam to Japan upped 3%.

Price for wood chips exported from Vietnam to Japan upped 2%.